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and 20 children. the remembrance of the victims extended to the white house. president obama honored the moment of silence behind closed doors. he sent out a tweet beforehand that says: 20 beautiful children and six remarkable adults, together we will carry on and make our country worthy of their memory. earlier today, the president released a video responding to an online petition signed by more than 400,000 asking for an immediate introduction of gun control legislation in congress. >> the president: i wanted to take a minute to respond and let you know, we hear you. >> reporter: for the first time since the shooting the nra hold a news conference. the group did not promise any changes to its policies. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> reporter: two protesters briefly stopped the event. >> nra stop killing our children! >> reporter: as the gun control debate intensifies more victims will be laid to rest today. this is the fifth straight day of funerals and more services are planned for this weekend. wendy gillette, abc7 news. >>> short t
days late. terry mcsweeney, abc7 news. >>> still ahead, president obama arrives back in washington after cutting short his vacation the chilly political climate he's returning to. >>> shocking scare caught on camera what led >>> president obama is back in washington where the weather is just as frigid as the political climate inside. fiscal cliff talks appear to be going nowhere. the president is trying to hammer out a deal before major tax hikes and spending cuts kick in january 1st. this morning harry reid launched a scathing attack on house republicans for not returning to washington. >> i can't imagine their con chens they are out wherever -- consciences they are out wherever they are and we are trying get something done. >> newly appointed senator flew back with the president today, left governor currently will replace the late senator daniel inouye. >>> that looming fiscal cliff is having a huge effect on the stock market today. you can see the dow is down 135 points over 1%, consumer confidence very low because of concerns that fiscal cliff will cause taxes to rise for every
on gross domestic product growth, investment in technology. >>> president obama will make his first comments later today in detroit on his one-on-one talks at the white house yesterday with house speaker boehner to dodge that fiscal cliff. yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which include wonder bread and twinkies. hostess closed last month. >> this morning the national transportation safety board confirms mexican-american singing superstar jenni rivera died from a plane crash yesterday she was one of seven onboard a private jet that went down in northern mexico. she was considered a role model to women, young people and members of the gay community. in the
, we will update you. nick smith, abc7 news. >>> president obama has set a deadline for gun control recommendations and he's not wasting time. other high profile calls to action out of washington today in the wake of the deadly connecticut school tragedy. katie marzullo is live in the newsroom. >> reporter: lawmakers are asking for everything from military protection on school campuses to bans on weapons and ammunition. a single message of safety from many voices. with 20 elementary school children and six educators shot to death with a semi-automatic rifle in connecticut, president obama is taking steps to reduce gun violence. >> the president: i've asked the vice president to lead an effort to includes members of my cabinet and outside organizations to come up with a set of concrete proposals, no later than january, propose 5s that i intend to push without delay. -- >> reporter: lawmakers made their own proposals, nancy pelosi and fellow house democrats are calling for the swift passage of a bill which would ban assault magazines. representative mccarthy of new york who lost her h
at the white house today, no sign that president obama and congressional leaders are closer to a deal. katie marzullo is live in the newsroom with a look at what missing the deadline could mean. >> reporter: the deadline is monday. just the prospect of missing it is causing problems for the economy. president obama has invited senate and house leaders to the white house this afternoon for last ditch negotiation. the house is holding an unusual session sunday. technical little, there's still time to strike a deal, but what if they don't? comedies 31st, more than 500 billion dollars in -- in tax increases and more than 100 billion dollars in government spending cuts are set to take effect. what happens january 1st, is less than certain. if congress and the president miss the deadline investors could panic sending the shakey stock market into a downward spiral. businesses and consumers could lose confidence and cutback on spending. a recession would not be immediate as long as all parties are working on a deal taxes and cuts could be kept at bay for a few weeks and repealed retroactively. if th
investigation begins. last night, president obama spoke to the community in pain vowing to take action using the power of his office to make sure that another massacre like this happens again. >> we can't tolerate this anymore. >> after they are laid arrest res today the rest of the children will be buried later this week. >>> this morning, we're hearing a new story of survival. sandy hook school nurse is talking for the first time about the moment when she said she knew something terrible was happening. in an exclusive interview she said she heard loud upcoming noises and hid under her compute desk. >> i could see him from the knees down. >> right in front of you? >> 20 feet away, his boots were facing my desk and then he turned around walked out. i heard the door close. >> she and the school secretary called 911 and stay lid en for almost four hours. they were petrified and didn't know how many shooters there were. >> there is are in details about the gunman. a spokesman says lanza took classes there when she was just 16 even earning some a's but eventually dropping out. faculty member he
: yesterday boehner met with president obama for about 45 minutes. last night the white house presented him a new offer. the proposal includes 1.2 trillion in tax increases, down from the original offer 1.6 trillion. extending the bush tax cuts for every american earning less than $400,000 a year instead of $250,000. >> his position is not based on the notion that these rate have to go up because that's good, it is based on the necessity of having enough revenue as part of this balanced package. >> reporter: the white house plan would limit cost of living increases for social security recipients and two year extension on debt ceiling. even as boehner continues to work on a deal with the president, he's keeping handy, a plan b. today he said that proposal would extent the bush tax cuts for everybody making less than one million dollars, but that's it. >> i believe it is important that we protect as many american taxpayers as we can. >> reporter: boehner said the tragedy in connecticut may have changed the dynamics of the negotiations. it is not the time to put americans through more stress.
. >>> president obama is cutting short his holiday to resume fiscal cliff negotiations. the white house says the president will leave hawaii tonight on a red-eye to washington. lawmakers have less than a week to come up to agreement on how to avoid tax increases and spending cuts set to go into effect january. the first lady and the couple's two daughters will remain in hawaii for another 10 days. >>> for the first time starbucks' employees are being asked to write other than names on cups. the chain is asking employees in washington, d.c. to scribble the words "come together." as a message to lawmakers to settle the fiscal cliff. >> some spots blue skies, some parts grey clouds. >> interesting the colors you will see out there rainbow colors out there and we've had some in the south baylor, i'll show you one from mountain view, san jose we just had moderate rain roll through downtown, darker clouds off to the west there and that's what is going to head up into the santa cruz mountains shortly. one other advantage point, at least this side of san francisco, we are on the embarcadero side at
that again later. captioned by closed captioning services, inc. >>> breaking news is president obama just having spoken from the white house on the boss built of a fiscal cliff deal. one that could avoid -- raising taxes for everyone. good morning i'm kristen sze >>> and i'm cheryl jennings. katie is the news encouraging? >> reporter: more pressure than news about what the deal might be. this was not the big announcement about an agreement on the fiscal cliff. the president did acknowledge there's been progress and he spoke while surrounded by americans who he pointed out cannot afford a tax hike. a source close to the negotiations we know what might be on the table now this current tenty deal. one, as far as tax hikes are involved -- republican and democrats have agreed taxes would not go up for families that make less than $450,000 a year or individuals who make less than $400,000 a year. as far as unemployment benefits that's could be extended. the president mentioned tuition tax credit extended. where there's still a great divide is automatic spending cuts. the deal on table brokered
Search Results 0 to 8 of about 9